Foundation to contribute NT$10 billion (US$333 million) to fund establishment of the Yong Lin Biomedical Engineering Center
(PressReleasePoint) -Mumbai / Bangalore - January 27, 2014
Foxconn, world's leading manufacturer of computer components and systems, has announced that Terry Guo, chairman, Foxconn Group also founder of Yong Lin Health Care Foundation has signed with National Taiwan University (NTU) for cooperation to promote biomedical development in Taiwan.
The foundation will donate a total of NT$10 billion (US$333 million) to fund establishment of the Yong Lin Biomedical Engineering Center, a 500-bed cancer therapeutic hospital to be operated by NTU and a radiation science and proton therapy center, with the biomedical engineering center to be inaugurated in March 2014.
Yong Lin Biomedical Engineering Center will cooperate with NTU to recruit more than 100 biomedical professionals from around the world to undertake biomedical research in cancer therapeutics. The foundation will also offer NT$5 billion to support the engineering center's research in cell therapy, radiation medicine, smart hospital, prevention medicine, medical electronics and biomedical materials.
Foxconn was established in 1974 and has grown to become the largest ODM in the world with nearly 1,000,000 employees and revenues in excess of USD 100 billion. Foxconn's customer base includes many famous brands in computing, communications and consumer electronics, for example; Apple, Cisco, Dell, HP, Nokia and Sony. With expertise in design and manufacturing, Foxconn's Channel Division is able to bring barebones and component products to channel customers around the globe, giving them the freedom to create their own solutions. To learn more, visit: www.foxconnchannel.com.